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What makes it even worse, is that your actual budget and projected budget barely ever match! We previously shared a super simple monthly budgeting tool with you. If you've used that (or any other budgeting tool), it's time to see how well your budget meets your actual spending amounts.

Student loans are designed to help cover the costs of university tuition fees, accommodation and study material. Student loans differ from other types of loans as they may have substantially lower interest rates and the repayment schedules may be deferred whilst the person is completing their education. A Student loan enables individuals to get a degree, diploma or other formal qualifications that they would not have been able to if it were not for the loan. Luckily, there’s a host of financial institutions in South Africa, amongst the traditional banks, that focus solely on providing student loans.

In the 2016 People’s Guide to the Budget, it’s noted that expanding access to post-school education and training remains a priority for Government in order to produce the skills necessary to fill jobs, and in turn, boost the economy on its road to recovery. Yet, it is funny to think that South Africa spends a bigger share of its gross domestic product on education than any other country in Africa, yet performance levels are lower than in many other countries on the continent. What will change?

We see tons of articles talking about good debt versus bad debt. But, not so many on how this is applicable for young people entering the workforce. The reality is, young employees are faced with a lot of choices and temptations! Most have just finished studying and are starting a new work. Usually, this means new-found financial freedom in the form of income!

With continuous petrol price hikes and the ever-rising cost of living, many feel as though they are drowning. From expensive debt repayments to living from hand to mouth, South Africans must act fast if they are to take back control of their finances.

Sticking to a monthly budget is a sure way of getting your finances back on track. But, unfortunately, it's something a lot of us are not disciplined enough to follow! Even here at Fincheck, we sometimes have to give ourselves a little kick to stick to our personal finance goals!

Around 40% of the credit provided by the country's top ten credit providers appears to be reckless according to the recently released Reckless Lending Indicator, developed by debt counselling firm DebtSafe.

In the current Rand situation, it can be an attractive option to invest offshore. But before you choose any one of these, it is first necessary to name that principle as old as time itself – don’t put all your eggs in one basket

The wonderful thing about being young is that you can take a few calculated risks. There is time to ride out the storm.

Finding the right cover for your unique requirements can present a challenge – and finding a provider that won’t overcharge you may seem impossible.